Force Racing Wheels Ltd
08785264
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 21/11/2025
Due 05/12/2026
Industry
Officers
secretary · Since 21/11/2013
director · Since 21/11/2013
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 61
Also on 1 other board
Persons with Significant Control
Carl Austin
British · England · Age 61
10 Rein Gardens, Tingley, Wakefield, WF3 1JR
Notified 06/04/2016
CompanyRankvs 351+ SIC 29320 peers71
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
£162k
Balance sheet strength
Cash
£211k
Cash in the bank
Net Current Assets
£157k
Working capital
Current Assets
£249k
Current Liabilities
£92k
Fixed Assets
£6k
Debtors
£2k
Tax at Year End(2021)
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.70 | +£20k |
| 2024 | 3.51 | +£43k |
| 2023 | 1.46 | +£42k |
| 2022 | 1.27 | +£43k |
| 2021 | 1.02 | +£9k |
| 2020 | 0.89 | +£2k |
| 2019 | 0.88 | — |
Derived from filed accounts. Not audited figures.